- Press Releases
March 31 (Renewables Now) - Enel X, the energy services unit of Italy’s Enel Group, will carry out a pilot project that will aggregate up to 76.7 MW of battery storage and demand response loads in Ontario, Canada.
The company said on Wednesday it has secured an investment of CAD 3.3 million (USD 2.6m/EUR 2.4m) for its project from Ontario’s Independent Electricity System Operator (IESO) and Ontario Energy Board (OEB). The goal of the innovative scheme is to meet real-time energy needs within the Canadian province and help demonstrate how aggregating smaller capacity and distributed energy can promote grid resilience and lower greenhouse gas emissions.
More specifically, Enel X will aggregate energy load across 14 sites with behind-the-meter battery storage and demand response capabilities. The sites are located at 11 businesses across the province.
The demonstration project will run for two years.
"With this investment through the IESO Grid Innovation Fund, Enel X will help these businesses better participate in the electricity sector, securing a new revenue stream while contributing to a reliable, sustainable, and affordable electricity system in Ontario," said Lesley Gallinger, CEO of the IESO.
(CAD 1.0 = USD 0.803/EUR 0.722)